The UK-based International derivatives and FX broker, Sucden Financial has announced partnership with FairXchange, to provide clients with an independent analysis of execution performance.
Founded in 2016, FairXchange is a data science specialising firm providing microstructural analysis of financial markets. The partnership will allow Sucden Financial to provide seamless access to tools and techniques to its clients to optimise and manage their eFX business in an extreme difficult market conditions. It will also focus on transparency and providing client with independent analysis of execution performance for their FX trading activity.
The partnership will also enable Sucden Financial to navigate the growing challenges in the European market following the ongoing regulatory tightening. FairXchange’s analytical framework, Horizon provides metrics which helps clients to analyze different events associated with Fx trading along with actual market conditions.
Wayne Roworth, co-head of efx at Sucden Financial said:
“Partnering with FairXchange has enabled us to further enhance our client offering, as we remain at the forefront of innovation in our space. The need for transparent, independent data on performance has never been greater; it informs discussions with our clients and valued liquidity partners, as well as giving us unparalleled insight into our own business.”
Guy Hopkins, founder of FairXchange said:
We are delighted to have been chosen by Sucden Financial to provide our Horizon analytics platform. Our underlying philosophy is to provide market participants with tools to facilitate meaningful, constructive dialogue with their counterparties about execution performance. We look forward to working closely with Sucden Financial and assisting with strengthening their well-established business further, to the benefit of them, their clients and their liquidity providers.
Karthik Subramanian
Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.
